comparemela.com

Page 14 - David Papazian News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Masdar signs agreement to develop Armenia s largest solar power plant

Masdar signs agreement to develop Armenia s largest solar power plant - News

Emirates News Agency - Masdar signs agreement to develop Armenia s largest solar power plant

ABU DHABI, 26th November, 2021 (WAM) Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, announced today it has signed an agreement with the Government of the Republic of Armenia to develop a 200-megawatt (MW) solar photovoltaic (PV) plant. The Ayg-1 project will be Armenia’s largest utility-scale solar plant. The Government Support Agreement (GSA) was signed by Gnel Sanosyan, Minister of Territorial Administration and Infrastructure of the Republic of Armenia, and Mohamed Jameel Al Ramahi, Chief Executive.

$50 million to be invested into Armenian economy

YEREVAN, OCTOBER 18, ARMENPRESS. The “Entrepreneur + State Anti-Crisis Investments Fund” managed by ANIF’s subsidiary, will invest USD 4 million in the EU-Armenia SME Fund (hereinafter: the Fund) supported by the European Bank for Reconstruction & Development (EBRD) and the European Union and managed by Amber Capital Armenia. The committed capital of the Fund will hence reach the target size of USD 50million, which will be invested directly into the Armenian economy. The goal is to make equity investments in private companies operating in the Republic of Armenia to support business expansion plans.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.